American politician, Joe Biden’s Net Worth is estimated to be $12 Million. Joe Biden is a very well-known American politician and is the youngest person to win a Senate election, having held the position of Senator in 1972. Apart from this, from the year 2009 to the year 2017, he served as the Vice President of the United States of America. Joseph Robinette Biden Jr. is the 46th and current president of the United States.
The majority of Biden’s wealth comes from his investment portfolio, book royalties, donations, and from his wife, Jill Biden, who is a successful author and educator. Let us tell you that he has achieved the distinction of becoming the 47th Vice President of America and in the year 2020, he is the Democratic presidential candidate of America and has stood in the election opposite Donald Trump. You may also like Chuck Schumer’s Net Worth.
What is Joe Biden’s Net Worth and Annual Salary?
46th U.S. President, Joe Biden’s Net Worth is around $12 Million as of 2024. Joe Biden receives an annual salary of $400,000 from the government as the President of the USA. He also receives an additional $50,000, which pays for the president’s expenses, such as food and dry cleaning. Joe Biden also receives $100,000 as a traveling allowance.
Joe Biden will also receive $120,000 as a renovation expense for the White House. In addition to this Salary, Joe Biden receives the following benefits: Free Health Care, Free Maids and Cooks, Free Security, and Free Travel.
| US President Net Worth | $12 Million |
| Annual Income | $1 Million |
| Monthly Income | $95,000 + |
| Presidential term | 20 January 2021 ā |
| Party: | Democratic Party |
| Vice president | Kamala Harris (2021ā) |
| Residence | White House |
| Home in Delaware | $2 million |
| Book Royalties | $1 million |
Joe Biden Net Worth Growth
| Year | Net Worth (Million) |
|---|---|
| Net Worth in 2024 | $12 Million |
| Net Worth in 2023 | $11 Million |
| Net Worth in 2022 | $10 Million |
| Net Worth in 2021 | $9 Million |
| Net Worth in 2020 | $8 Million |
| Net Worth in 2019 | $7 Million |
Joe Biden Assets
It’s been over four decades since Joe Biden ventured into politics. Such a long stint will not come without significant wealth behind him. Joe Biden’s assets include 9 Real Estate Properties, 5 Cars, and 2 luxury yachts. Joe Biden also has over $12 Million in cash reserves secured in banks through Deposits and Government Bonds.
Due to his current position as President of the US, Joe Biden cannot engage in any financial transactions. Therefore, Joe Biden has safely secured his Assets, Cash, and Investments under his wife’s name. Joe Biden and Jill Biden have invested over $6 Million in stock markets. Joe Biden’s family (including Hunter Biden) owns two ultra-luxury yachts that are worth over $21 Million. These yachts come with some of the best luxury amenities like;
- Gym
- Beauty salon
- Massage room
- Three dining areas
- A Dance room
- Sea-facing pool
- Mini-Theater
Joe Biden Cars Collection
Joe Biden is a true-blood American with a passion for vintage cars. Throughout his career, Joe Biden has spent millions of dollars buying vintage luxury cars at various auctions. The list of cars in Joe Biden’s
- 1932 Ford Roadster
- Shelby Cobra
- 1957 Corvette
- Lincoln Convertible Roadster
Joe Biden Loans and Liabilities
For his long career, Joe Biden has taken many loans from banks, either for personal or business purposes. All these loans are now repaid and no longer outstanding. The total liability of Joe Biden was $3 Million in 2005, which has been repaid in full in 2009.
Joe Biden Annual Income
There are over 10 real estate properties under Joe Biden and his family’s ownership, through which they receive rent income each month. Joe Biden also has over $5 Million in Bank Deposits and Government Bonds, through which he receives annual interest and dividend payments. The total rental income earned by Joe Biden is over $1 Million annually. The dividend and interest income of Joe Biden is an additional $700,000. Must read Jeanie Buss’s Net Worth.
Joe Biden Social Media Accounts
| Almost 19.2M Followers | Check out | |
| Almost 37.7M Followers | Check out | |
| Almost 11M Followers | Check out | |
| YouTube | Almost 816K Subscribers | Check out |
| N/A | Check out | |
| N/A | Check out |
Joe Biden Personal Life
Joe Biden’s father had been wealthy but suffered financial setbacks around the time Biden was born. Joe Biden has a stutter, which has improved since his early twenties. In 1968, Joe Biden earned a Juris Doctor from Syracuse University College of Law. Joe Biden practiced law first as a public defender and then at a firm headed by a locally active Democrat.
Joe Biden formally declared his candidacy for the 1988 Democratic presidential nomination on June 9, 1987. Joe Biden has made several false or exaggerated claims about his early life: that he had earned three degrees in college. Later on, Joe Biden withdrew his candidacy.
Joe Biden’s wife Neilia and one-year-old daughter Naomi were killed in an automobile accident while Christmas shopping in Hockessin, Delaware. Joe Biden credits his second wife, teacher Jill Tracy Jacobs, with the renewal of his interest in politics and life. Must read Jimmy Carter’s Net Worth.
| Real Name | Joseph Robinette Biden Jr. |
| Birth Place: | Scranton, Pennsylvania, United States |
| Date Of Birth: | 20 November 1942 |
| Age: | 81 years old |
| Height: | 184 cm (6ā² 0ā³) |
| Weight: | 72 Kg (158 lbs) |
| Education: | Syracuse University, Archmere Academy, University of Delaware, Syracuse University College of Law |
| Religion: | Catholic |
| Nationality: | American |
| Zodiac Sign: | Scorpio |
| Gender: | Male |
| Wife | Jill Biden (m. 1977) |
| Ex-wife | Neilia Hunter (m. 1966ā1972) |
| Parents | Catherine Eugenia Finnegan, Joseph R. Biden Sr. |
| Siblings | Valerie Biden, Francis W. Biden, James Brian Biden |
| Kids/Children Name: | Hunter Biden, Naomi Biden, Beau Biden, Ashley Biden |
| Profession: | 46th U.S. President |
| Net Worth: | $12 Million |
Conclusion
Joe Biden is likely going to stay in the White House for two more years. This means Joe Biden’s net worth will grow for a couple more years only, and after that will reach a saturation point. Joe Biden’s son Hunter has been in the news for very wrong reasons, and that will tell you the secrets behind the Biden Family’s riches.
FAQs
Joe Biden’s salary is $400,000.
Joe Biden’s total net worth is $12 Million.
Joe BidenĀ earns annually of $1 Million.
Joe Biden’s eyes color is blue.
Joe Biden goes to The University of Delaware.
Joe Biden’s first wife’s name is Neilia Hunter.
The height of Joe Biden is 6 feet 0 inches (1.84 meters).
Currently, Joe Biden is 81 years old.
